Trade optimism around the Trump-Xi summit anchored markets, but UK fiscal concerns, Russian oil sanctions, and softer US inflation created diverging currency moves throughout the volatile week.

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The latest U.S. CPI report showed inflation still running 100 basis points above the Fed’s 2% target, with both headline and core readings at 3.0%. Yet, since that was slightly below the 3.1% consensus, traders viewed it as a modest relief. The data helped reinforce expectations that the Fed will cut rates by 25 basis points at next Wednesday’s…

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USD/CHF remains subdued on Friday, yet the pair trades below 0.8000, poised to finish the week with modest gains of over 0.25%. At the time of writing, the pair trades at 0.7956, virtually unchanged. USD/CHF Price Forecast: Technical outlook The USD/CHF pair continued to consolidate this week. Although traders are facing stir resistance at the confluence of the 20…

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2025.10.24 2025.10.24 USD/JPY: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 149.37 with a growth target of 156.50 – 158.85. A buy signal: the price holds above 149.37. Stop Loss: below 148.90, Take Profit: 156.50 – 158.85….

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The major stock indices are extending to new session rise as the day works toward a close. The NASDAQ index is up 317 points or 1.3%. The S&P index is now up 1% on the day. Both the S&P and NASDAQ are on pace to close at record levels as is the Dow industrial average which is currently up…

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The Australian Dollar (AUD) is virtually unchanged against the US Dollar (USD) on Friday after volatile two-way price action driven by a mix of US macro data. At the time of writing, AUD/USD trades around 0.6511, holding steady after earlier swings following the release of the US Consumer Price Index (CPI) and S&P Global Purchasing Managers Index (PMI) reports….

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2025.10.24 2025.10.24 WTI Crude Oil: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 66.20 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.20. Stop Loss: above 67.00, Take Profit: 53.50 –…

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Oil had a monster day on Thursday, clocking its biggest one-day jump in more than four months. WTI crude popped 5.6% to hit $62 a barrel, while Brent climbed all the way to $66. And no, it’s not because Nobody Wants This Season 2 just dropped and everybody decided to Netflix and chill instead of driving around. This week,…

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The USDCAD popped higher earlier after Pres. Trump announced he was terminating trade talks with Canada, blaming Ontario ads that painted former Pres. Reagan as anti-tariff. The headline lit a quick rally, but sellers leaned against the 200-hour MA, halting the move. The pair briefly broke above that level before fading on softer U.S. CPI data, though the pullback…

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